Synchrony's delinquency and charge-off rates are holding steady or improving, suggesting its lower-credit-quality customers are weathering inflation better than feared. The 30-day delinquency rate was 4.5% in the first quarter of 2026, flat with the prior quarter and year-ago period, and improved to 4.2% in May. Net charge-offs rose slightly to 5.4% in the first quarter but were down nearly a full percentage point from 6.4% a year earlier. The company recently announced a 13% dividend increase and a $6.5 billion stock repurchase program, reflecting confidence in its financial position.
Synchrony FinancialDelinquency and charge-off rates improving, plus dividend increase and $6.5B buyback
Amazon.com Inc
Walmart Inc.